Blue Gold Limited Class A (BGL) Key Metrics
BGL key metrics, 2021–2025
Fiscal year ended December 31, 2025 · U.S. dollarsBGL returns How much profit the business earns on the capital it uses.
BGL per-share figures Results divided by the shares outstanding at year-end.
BGL financial health Debt, liquidity and how easily interest is covered.
BGL returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BGL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BGL cash returned to shareholders
BGL price vs earnings per share
BGL key metrics
2021–2025| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Valuation | |||||
| Market capitalization | $27.0M | — | — | — | — |
| Enterprise value | $29.8M | — | — | — | — |
| Earnings yield | −81.1% | — | — | — | — |
| Free cash flow yield | −39.5% | — | — | — | — |
| Share price at fiscal year-end | $1.92 | — | — | — | — |
| Per share | |||||
| Revenue per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Earnings per share | −$1.56 | $0.07 | $0.23 | $0.48 | $0.30 |
| Operating cash flow per share | −$0.75 | −$0.08 | −$0.19 | −$0.04 | −$0.04 |
| Free cash flow per share | −$0.76 | −$0.08 | −$0.19 | −$0.04 | −$0.04 |
| Cash per share | $0.05 | $0.00 | $0.01 | $0.00 | $0.02 |
| Book value per share | −$1.43 | $0.13 | $2.31 | $7.93 | $7.45 |
| Tangible book value per share | −$1.44 | $0.13 | $2.31 | $7.93 | $7.45 |
| Capex per share | $0.01 | $0.03 | $0.00 | $0.00 | $0.00 |
| Debt per share | $0.25 | $0.13 | $0.05 | $0.00 | — |
| Shares outstanding | 14.1M | 10.4M | 22.2M | 28.8M | 28.8M |
| Change in shares outstanding | +35.4% | −53.2% | −22.7% | 0.0% | — |
| Returns & profitability | |||||
| Return on equity (ROE) | — | 2.7% | 3.7% | 6.3% | 4.1% |
| Return on invested capital (ROIC) | — | −6.2% | −2.6% | −0.8% | −0.1% |
| Return on assets (ROA) | −104.4% | 2.4% | 3.5% | 5.8% | 3.7% |
| Return on tangible assets | −57.9% | 17.5% | 9.6% | 5.8% | 3.7% |
| Income quality (OCF / net income) | — | −1.13 | −0.81 | −0.08 | −0.14 |
| Financial health | |||||
| Total debt | $3.5M | $1.3M | $1.0M | $100,000 | — |
| Cash & short-term investments | $679,442 | $43,499 | $222,581 | $41,276 | $700,293 |
| Net debt | $2.8M | $1.3M | $777,419 | $58,724 | −$700,293 |
| Debt / equity | — | 1.00 | 0.02 | 0.00 | — |
| Debt / assets | 0.09 | 0.33 | 0.02 | 0.00 | — |
| Net debt / EBITDA | — | 1.57 | 0.15 | 0.00 | −0.08 |
| Current ratio | 0.19 | 0.03 | 0.56 | 0.48 | 12.81 |
| Quick ratio | 0.19 | 0.03 | 0.56 | 0.48 | 12.81 |
| Interest coverage | — | -18.6 | -277.8 | — | — |
| Working capital | −$12.3M | −$2.3M | −$496,139 | −$331,676 | $1.6M |
| Invested capital | −$17.4M | $2.6M | $52.1M | $228.1M | $213.5M |
| Tangible asset value | −$20.3M | $1.3M | $51.3M | $228.0M | $214.2M |
| Net current asset value | −$55.2M | −$2.6M | −$1.7M | −$10.0M | −$20.4M |
| Graham number | — | $0.44 | $3.47 | $9.27 | $7.13 |
| Graham net-net per share | −$4.08 | −$0.26 | −$0.09 | −$0.36 | −$0.74 |
| Capital allocation | |||||
| Share buybacks (net) | — | $51.8M | $195.4M | — | — |
| Capex / depreciation | 1.77 | 8.51 | — | — | — |
| Efficiency | |||||
| Receivables turnover | 0.00 | — | — | — | — |
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average receivables | $7,766 | — | — | — | — |
| Average payables | $5.0M | $1.8M | — | — | — |
| Intangibles / total assets | 0.2% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from BGL's annual financial statements (latest annual report filed April 29, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BGL valuation and financial ratios
It ended the year with $3.5 million of debt and $0.7 million in cash and short-term investments, net debt of $2.8 million. The share count fell 51.1% from 28.8M to 14.1M over 4 years.
See the BGL income statement, the BGL chart for price history, or the BGL stock overview for the latest quote and news.
BGL key metrics FAQ
How much debt does Blue Gold have?
Blue Gold had total debt of $3.5 million at the end of fiscal 2025.
What is Blue Gold's free cash flow yield?
Blue Gold generated -$10.7 million of free cash flow in fiscal 2025, a free cash flow yield of −39.5% on its market value at year-end ($27.0 million).
What is Blue Gold's current ratio?
Blue Gold's current ratio was 0.19 at the end of fiscal 2025: current assets were 0.19 times current liabilities.